Lynch joins Dyn Inc.’s board of directors
MANCHESTER — Former Gov. John Lynch has joined the board of directors of Dyn Inc., completing a new board for the Manchester Web services company that is helping to lead the charge in making Manchester a high-tech hub.
“This is great for Dyn, but also says a lot about Lynch,” said Dyn spokesman Adam Coughlin. “He supports the New Hampshire tech scene and believes it can stand alone on the global stage. For Dyn, I think it’s a clear signal that even as we grow into a global presence we take our New Hampshire roots very seriously and plan on holding on to them.”
In an interview on Tuesday, the former governor said he has been recruited by companies both in and outside of New Hampshire, but has been selective. Dyn is the third board membership he has accepted. He is also on the board of Ping4 Inc., a Nashua firm that creates an emergency-alert platform for tablets and smartphones, and U.S. FIRST, best-known for its robotics competition and support for education in science and technology.
Dyn faces the challenge of growing from a bootstrap start-up into an international corporation, while finding it difficult to recruit the talent needed for expansion. Lynch said he expects to help on both counts.
“I’ve run large companies before, and have seen the challenges that smaller companies face as they evolve and get bigger,” he said. “I’m hoping that I can help them take the company to the next phase.”
The company recently doubled its space at its Dow Street offices in the Manchester Millyard, and late last year received an infusion of $38 million in venture capital from North Bridge Venture Partners in Waltham, Mass.
Originally incorporated as Dynamic Network Services in 2001, Dyn has routinely been recognized as one of the fastest growing tech firms in the country, and has trouble recruiting enough talent to keep pace.
“Their only constraint that I can see is the fact that they need workers — workers with the requisite skills and talents to fill the jobs,” Lynch said. “That’s why I continue to work hard to see what we can do to get more young people interested in the STEM disciplines (science, technology, engineering and math.)”
Lynch left office as a popular governor who held the seat for a record-setting four terms. Before entering public life, he was the CEO of Knoll Inc., a national furniture manufacturer, and was credited with turning the money-losing operation into a profitable business. Prior to that, he was the director of admissions at Harvard Business School.
He earned his bachelor of arts degree from the University of New Hampshire in 1974, a master of business administration from Harvard Business School and a juris doctorate from Georgetown University Law Center.
Prior to Dyn’s funding announcement in October 2012, the board consisted of co-founders Jeremy Hitchcock and Tom Daly, who has since left the company. The board has grown and expanded to provide additional expertise, knowledge and experience, Coughlin said.
Lynch completes a board that includes CEO Hitchcock; Jason Calacanis, founder and CEO of the knowledge-sharing service Mahalo; Ric Fulop and Russ Pyle, both general partners at North Bridge; Scott Dussault, executive vice president and chief financial officer of Demandware, a digital commerce solutions provider; and Michael Boustridge, former president of BT Global Services, a provider of IT services for large corporations and the public sector.